Real Estate in RI: Highest home sale in Valley neighborhood, Providence, Residential Properties

RPL Closes Highest-Ever Residential Sale in PVD’s Valley Neighborhood

Residential Properties Ltd. takes pleasure in announcing the sale of 28 Wolcott Street in Providence for $1.6 million. RPL Sales Associate Jim DeRentis proudly represented the seller as the listing agent in this transaction. 

According to State-Wide MLS data, this is the highest residential sale in the History of Providence’s Valley neighborhood and the second-highest multi-family sale in Providence County year to date.

This custom-designed, mixed-use building perched above Providence’s Valley neighborhood has over 7,100 sq. ft. of space divided into 3 sections on 4 lots totaling over a half-acre. The main entrance opens to a reception area and glass-enclosed conference room. The first-floor layout continues with additional conference rooms and private offices. Upstairs, an open-concept workspace with seven office areas overlooks a gathering hall, kitchen, and dining area with private access to the exterior courtyard. The capstone is a loft apartment with over 2,400 sq. ft. of living space, including a gourmet kitchen, open living and dining areas, and an expansive bedroom suite for today’s live/work needs.

Jim DeRentis is Residential Properties’ Top Producing Sales Agent, the top selling agent for sales over $1 million on the East Side. He has been a recipient of the Circle of Sales Excellence Platinum Plus Award each year since 2011 when he was named Rookie of the Year. For the past 10 years, Jim has been included on the “REALTrends Verified” list of the country’s top real estate professionals and in 2020 was named to “The 1000.” For the past four years consecutively, he has been named the #1 individual agent in the state for transaction sides, achieving just under $89 million in transaction volume for 2023. Each year since 2022, he has earned the ranking of #1 agent in Rhode Island for transaction sides. To learn more about Jim and to view his listings, please visit ThePVDRealEstateGuy.com.

About Residential Properties Ltd.
Residential Properties Ltd. is the largest privately held real estate company in Rhode Island and has been serving sellers and buyers of distinctive properties since 1981 through service, innovation, and sheer hard work. The Company, with nine local offices in Barrington, Cumberland, East Greenwich, Little Compton, South County, Newport, Providence, the West Side (PVD), and Westport, Massachusetts, is proud to service all of Rhode Island, the Connecticut shoreline, and southeastern and central Massachusetts. In addition, as founding members of Leading Real Estate Companies of the World and Luxury Portfolio International, RPL and its award-winning Relocation Department assist buyers and sellers on transactions throughout the country and around the globe. More information is available at ResidentialProperties.com.